Al Ittihad Club
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Al Ittihad Club - overview
Established
1927
Location
Jeddah, -, Saudi Arabia
Primary Industry
Travel & Leisure
About
Based in Jeddah, Saudi Arabia, and founded in 1927, Al Ittihad Club operates as a sports company that is the first football sports club in the Kingdom of Saudi Arabia. In June 2023, Public Investment Fund acquired a 75% majority stake in Al Ittihad Club. Al Ittihad Club aimed to compete with traveling teams and provide entertainment for residents while encouraging youth football participation. The club has excelled both domestically and internationally, winning the AFC Champions League and the Asian Cup Winners' Cup, Gulf Cup, and Arab Champions League.
Current Investors
Public Investment Fund
Primary Industry
Travel & Leisure
Sub Industries
Professional Sports/eSports
Website
www.ittihadclub.sa
Verticals
Mobile Apps
Total Amount Raised
Subscriber access only
Al Ittihad Club - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct | Completed | Al Ittihad Club | - |
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